The Sharing Economy

The sharing economy connects buyers and sellers to each other, often through an app or a website. If you provide goods or services this way you need to consider how income tax, GST or any other tax applies to your earnings.

Popular sharing economy services include:

renting out a room or a whole house or unit for a short-time basis, for example Airbnb and Stayz

providing 'ride-sourcing' services for a fare (considered to be taxi travel for GST purposes) such as Uber, SheSafe, Shebah and GoCatch

providing personal services, including creative or professional services like graphic design, creating websites, or odd jobs like deliveries and furniture assembly, for example Airtasker, Mad Paws and Deliveroo

renting out a car parking space, for example Parkhound and Spacer.

Learn how to avoid a tax time debt with the ATO's information on the Sharing Economy.